“While studies simulating the financial returns to owning and renting find that renting is often more likely to be beneficial, in practice renters rarely accumulate any wealth. In no small part this seems traceable to the difficulties households face in trying to save absent either a clear goal or an automatic savings mechanism.”

http://www.realtor.com/news/trends/misleading-math-rent-vs-buy/?iid=rdc_news_hp_carousel_theLatest